Launching an Airbnb? WATCH THIS! #airbnb #airbnbbusiness #airbnbhost
Summary
Jorge discusses the importance of understanding local regulations before launching an Airbnb, especially when using arbitrage. He mentions two strategies: launching first and getting the permit later, or securing the permit upfront. He suggests that areas with existing regulations are preferable because changes are likely to be minor, as a framework for a win-win situation is already in place.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM